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in cash flows for 5 years. A bank will make a $110,000 loan to the company at a 10% interest rate for this equipment's purchase.

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in cash flows for 5 years. A bank will make a $110,000 loan to the company at a 10% interest rate for this equipment's purchase. Use the following table to determine the break-even time for this equipment. All cash flows occur at year end. (PV of $1. EV of $1. PVA of $1. and EVA of $1 (Use appropriate factor(s) from the tables provided. Cumulative net cash outflows must be entered with a minus sign. Round your present volue factor to 4 decimals. Round your answers to whole dollars. Round "Break even time" answer to 1 decimal place.) Chart Values are Based on Year Cash Inflow (Outflow) py Factor Present Value Cumulative Present Value of Inflow (Outflow) 0 $ (110,000) 1.0000 (110,000 $ (110,000) 1 2 4 5

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